SSE releases TMT and National Defense indices

Shanghai Stock Exchange and China Securities Index co.ltd announced that the new TMT (Technology, Media and Telecom) industry index and national defense indices would be released on December 25th, 2013.

With the development of Chinese TMT industry and the government’s schedule to develop this industry to help transform the Chinese economy, there has been a strong demand for a stock index for investment. The simulated return for this industry index is about 63.56% in 2013 until the beginning of December. The TMT industry index in China is traded on SSE and is made up of 50 component stocks.

For the national defense stock indices, increasing demand from the national defense, anti-terrorism and internal control are the most important reasons for the release of these pair of indices. Both SSE and CSI will release national defense indices, among which SSE National Defense index includes 27 component stocks and CSI National Defense index is made up of 62 component stocks.